ESS vs. EWZ
Compare and contrast key facts about Essex Property Trust, Inc. (ESS) and iShares MSCI Brazil ETF (EWZ).
EWZ is a passively managed fund by iShares that tracks the performance of the MSCI Brazil 25/50 Index. It was launched on Jul 10, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESS or EWZ.
Key characteristics
| ESS | EWZ | |
|---|---|---|
| YTD Return | 21.81% | -16.29% |
| 1Y Return | 45.57% | -6.01% |
| 3Y Return (Ann) | -0.94% | 7.87% |
| 5Y Return (Ann) | 2.12% | -1.72% |
| 10Y Return (Ann) | 7.21% | 0.87% |
| Sharpe Ratio | 1.98 | -0.26 |
| Sortino Ratio | 2.77 | -0.23 |
| Omega Ratio | 1.33 | 0.97 |
| Calmar Ratio | 1.11 | -0.12 |
| Martin Ratio | 10.61 | -0.44 |
| Ulcer Index | 4.11% | 12.19% |
| Daily Std Dev | 22.00% | 20.57% |
| Max Drawdown | -62.67% | -77.27% |
| Current Drawdown | -9.91% | -43.75% |
Correlation
The correlation between ESS and EWZ is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ESS vs. EWZ - Performance Comparison
In the year-to-date period, ESS achieves a 21.81% return, which is significantly higher than EWZ's -16.29% return. Over the past 10 years, ESS has outperformed EWZ with an annualized return of 7.21%, while EWZ has yielded a comparatively lower 0.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ESS vs. EWZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Essex Property Trust, Inc. (ESS) and iShares MSCI Brazil ETF (EWZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ESS vs. EWZ - Dividend Comparison
ESS's dividend yield for the trailing twelve months is around 3.29%, less than EWZ's 7.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ESS Essex Property Trust, Inc. | 3.29% | 3.73% | 4.15% | 2.37% | 3.50% | 2.59% | 3.03% | 2.90% | 2.75% | 2.41% | 2.47% | 3.37% |
EWZ iShares MSCI Brazil ETF | 7.54% | 5.66% | 12.59% | 9.87% | 1.71% | 2.54% | 2.89% | 1.71% | 1.81% | 4.08% | 3.78% | 3.23% |
Drawdowns
ESS vs. EWZ - Drawdown Comparison
The maximum ESS drawdown since its inception was -62.67%, smaller than the maximum EWZ drawdown of -77.27%. Use the drawdown chart below to compare losses from any high point for ESS and EWZ. For additional features, visit the drawdowns tool.
Volatility
ESS vs. EWZ - Volatility Comparison
Essex Property Trust, Inc. (ESS) has a higher volatility of 7.88% compared to iShares MSCI Brazil ETF (EWZ) at 6.45%. This indicates that ESS's price experiences larger fluctuations and is considered to be riskier than EWZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.